Press Release

German chemical industry R&D investment tops 10 billion euro in 2013

Germany remains top chemicals research location

Berlin (gtai) - The German chemical industry invested around 10.5 billion euro (USD 14 billion) in research and development in 2013 - an increase of 8 percent over the previous year, new figures from the VCI German chemical industry association show.

Nearly 44,500 employees in the industry were involved in researching new products and processes - nearly 5 percent more than the previous year. The growth in R&D personnel is thus well ahead of the industry as a whole, which grew by 1.3 percent. The number of employees in the chemicals industry (without pharmaceuticals) increased by over 8 percent. Every tenth employee in the chemical industry now works in R&D, the association reported.

In 2013, the chemical industry was one of the top three industries for research spending in Germany. Almost one fifth of total industrial R&D spending was made by the chemical branch – putting it on a par with the electronics industry. Only vehicle manufacturers invested more resources in R&D.

The German chemical industry turned over more than 190 billion euro in 2013 and employed around 438,000 people, the VCI figures show..

go to top

Log in

Please log in on this page with your log-in details.